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3 years ago

Securitization has allowed some banks to concentrate on

1 answer:

5 0

Securitization has allowed banks to concentrate on the safety of the money they hold. They can also give more protection for the banking transactions

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Merchandise inventory is Select one: a. None of the above b. Reported under the classification of Property, Plant and Equipment

Elden [556K]

Answer:

d. Reported as a current asset on the balance sheet

Explanation:

Merchant inventory refers to st finished goods available for sale at any given time. Merchant inventory is commonly referred to as inventory. It is recorded as a current asset in the balance sheet.

Merchant inventory is acquired through purchasing by retailers, wholesalers, and distributors to be sold to customers. Merchant inventory will specifically refer to the unsold goods at the end of a period. It is recorded at its acquisition cost. i.e., the cost which the trader paid to obtain the merchandise.

6 0

4 years ago

After Jeff Bezos read about how the Internet was growing by 2,000 percent a month, he set out to use the Internet as a new distr

zloy xaker [14]

Answer:

Explanation:

Entrepreneurs innovate sometimes by commercializing inventions and ideas. They look for new business opportunities and find resources they can use in exploiting them. Commercializing an invention was done by Jeff Bezos in this instance. He saw the distribution opportunities available in the internet, and with the growing percentage increase of the internet users per month, he decided to create Amazon. He transformed the invention of the internet into the innovation of Amazon.

The ability to posses this characteristics is one of the qualities of a good entrepreneur.

6 0

3 years ago

1. Sheetz Company is purchased by Pulsar Corporation, at an acquisition cost that is $25,000,000 greater than the fair value of

emmasim [6.3K]

Answer:

a. Dr goodwill; credit building for $8,000,000

Explanation:

Goodwill refers to excess of purchase consideration over net assets value of an entity in case of acquisition.

Goodwill is an intangible asset which is recorded as follows on the date of acquisition.

Journal entry for Goodwill is;

Goodwill A/C Dr

Net Assets Acquired Dr.

To Purchase Consideration

(Being goodwill recorded)

In the given case, building was acquired for $15,000,000 against it's fair value which was only $7,000,000. The excess price paid for such acquisition represents goodwill which shall be recorded as;

Goodwill A/C ($15,000,000- $7,000,000) Dr. $8,000,000

To Building $8,000,000

(Being goodwill recorded)

5 0

3 years ago

I need them both awnsered loL

densk [106]

1. is true, and the 2. is false

3 0

4 years ago

A purchase of a French bottle of wine by a resident of Honduras would be considered an ____ when counting GDP in Honduras. As a

Misha Larkins [42]

Answer:

import, subtract. export, added

Explanation:

The GDP equation is given by GDP = C + I + G + (X – M) where C is consumption, I investment, G is government expenditures and M are imports.

Since the bottle of wine was produced in France it had to be imported to Honduras to be consumed, imports enters the GDP equation with a minus sign. This implies imports are subtracted from the GDP equation. For a box of Honduras cigars to be consumed in Canada they had to be exported there, so these are counted as exports with enter the GDP equation with a plus sign. So exports are added.

7 0

3 years ago